China’s retail sales during this year’s traditional lunar new year will most likely face ‘cliff-like’ drop amid the deadly coronavirus outbreak, the country’s official drinks trade body has warned, as many in the wine industry move to slash sales target. Read More
Market analysis
As the year of 2019 ends, we talked to key decision-makers in China’s wine industry to evaluate what has come to shape what’s been described by wine merchants as a turbulent year, and what’s at stake for 2020. Read More
China’s biggest social media platform, WeChat, now boasts more than 1.15 billion monthly active users for a country of 1.4 billion people. What does this mean for people eyeing social media marketing for wine sales in the populous country? Read More
Overstock and mismanagement of imported wines has been cited as a key reason that led…
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Bordeaux wines are losing steam in its most profitable market in China. For the first time in recent years, Bordeaux, the most known wine region in China, experienced its Waterloo. Read More
In a new report on Hong Kong’s state of wine, Wine Intelligence made a bold…
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Premium wine sales in Hong Kong account for more than 50% of total wine sales, making it a global powerhouse for premium wine market, according to IWSR. Read More
Financial reports of major and listed Chinese wineries have shown that almost all suffered profit loss in 2018. Read More